This property is included in the latest list of BDO foreclosed properties that are for negotiated sale, updated as of 2021-APRIL-12. More details below.
- Property Source: Banco De Oro (BDO)
- Property Type: RESIDENTIAL HOUSE & LOT
- Vicinity: Iloilo City, Iloilo
- Property Address: Lot 15, Block 5, Greenmount St., Parc Regency Subdivision, Brgy. Ungka, Pavia, Iloilo City, Iloilo
- Lot Area (sqms.): 100.00
- Floor Area (sqms.): 48.00
- Indicative Price (Php): PHP 1,824,000.00
For more information or clarification you may call or visit BDO’s office:
Mila Dioneda / Sales Officer
09564920261 / 09223724522
BDO Property Management – Retail Sales
25/F, Pacific Star Building, Sen. Gil Puyat Ave., corner Makati Ave., Makati City
For lease offers, please call:
(02) 8702-7033 / 8702-7825
You may view details of these assets through the bank’s intranet site or go to
How to avail – a summary of how to buy BDO foreclosed properties
Based on our past transactions with BDO, here’s a quick overview of the buying process via negotiated sale:
1. Identify properties you are interested in
Browse through the list and Identify properties you are interested in.
2. Contact BDO directly to get more property details
You can proceed and contact BDO directly to get more property details / payment terms / schedule an ocular, etc. Contact info can be found below.
3. Do your due diligence
If you are seriously interested in a property/ies, you should do your due diligence (inspect the properties, verify the title/tax declaration, check what are the taxes and fees you will shoulder as the buyer, etc.). We recommend that you do the inspection personally. If you’re abroad, you can ask a trusted relative do the inspection for you, but I still recommend that you come home at least once to personally inspect the property yourself, before submitting an offer.
4. Choose your payment terms
In addition to cash payment, here are the payment terms we got last time we checked for BDO:
- Reservation Fee: 5% of selling price
- Minimum downpayment: 25% of selling price (exclusive of the 5% reservation fee)
- 70% balance: Payable over 5 years at 12% annual interest rate. Optionally, you may choose to get a loan takeout later either from BDO or other banks/lending institutions. Call BDO for details.
By the way, since payment terms often change, most especially the interest rates, always call the bank directly to get what currently applies before you submit your offer(s).
5. Submit an offer
If the property/ies you are interested in pass your due diligence, you can go ahead and submit an offer, inclusive of the 5% reservation fee. Call BDO directly to get all details and complete list of forms and requirements. Note: If your target property is under promo, you can submit an offer up to 20% below the listed price. All offers are subject to management approval.
6. Wait for your offer to get approved/disapproved
a. If your offer was approved, your 5% reservation fee becomes part of the downpayment, and BDO will assist you with finalizing the purchase. You need to choose between cash payment (usually due in 30 days after notice of approval), in-house financing, or bank loan (you need to finalize your downpayment amount/ years to pay for the balance and interest rate, submission of requirements, contract signing, when you can move-in, etc.)
b. If your offer was not approved, your reservation fee will be returned to you.
c. If the BDO received multiple offers including yours, you might be invited to participate in a sealed bidding to determine which bid will be accepted. If ever this situation arises, BDO will contact you and explain the whole process.
Note:The above is just a quick overview based on our own experiences from past transactions with BDO. Their exact procedure is subject to change without prior notice. Our standard Site Disclaimer applies.
To get more details, please contact BDO directly. Refer to their contact details above. ~ Jay Castillo
View the complete list of BDO foreclosed properties
To view the entire list of BDO foreclosed properties in this update, you may visit the following page:
- Sale shall be on “as is where is” basis.
- All offers are subject to Management approval.
- Availability of units and prices are subject to change without prior notice.
- Misprints should not be construed as misrepresentation of the property.
- Lease offers welcome for all condominium units listed except those under “”With Authority to Sell””. Please call for price.
- Where applicable, prices are exclusive of VAT
Last updated on: 2021-APRIL-12 with file BDO-FORECLOSED-PROPERTIES-FOR-SALE-APRIL-2021.pdf (You can access this file from the link above)
Source: Mila Dioneda – BDO Asset Management Group
FREE CHECKLIST: IDENTIFY AND AVOID PROBLEMATIC FORECLOSED PROPERTIES BY DOING PROPER DUE DILIGENCE!
Avoid losing money, wasted time and effort caused by buying foreclosed properties that have too many problems, with our free 60-item Property Due Diligence Checklist. Grab your free copy now.
- Pag-IBIG Foreclosed Lot Only – Lot 12 Blk. 7 BANKERS VILLAGE QUINTIN SALAS ILOILO CITY ILOILO REGION 6 (WESTERN VISAYAS) 5000 (Lot Area: 476.00 sqm) – For Negotiated Sale on April 6-12, 2021
- Pag-IBIG Foreclosed Single Attached – Lot 26 Blk. 13 Phase II MONTE ROSA SUBDIVISION HIBAO-AN SUR ILOILO CITY ILOILO REGION 6 (WESTERN VISAYAS) 5000 (Lot Area: 120.00 sqm; Floor Area: 126.25 sqm) – For Negotiated Sale on April 6-12, 2021 (Occupied)
- Pag-IBIG Foreclosed Town House – Lot 6 Blk. 5 CIUDAD DE ILOILO TOWNHOUSE CALAPARAN ILOILO CITY ILOILO REGION 6 (WESTERN VISAYAS) 5000 (Lot Area: 48.00 sqm; Floor Area: 50.90 sqm) – For Negotiated Sale on April 6-12, 2021
- EastWest Bank Foreclosed House & Lot at General Blanco St. Ortiz City Proper Iloilo City (Lot Area: 1,484.00 sqm; Floor Area: 448.75 sqm)
- Maybank Foreclosed Property – Residential townhouse unit- with occupants at Lot 23, Block 3, Road Lot 3, Ciudad De Iloilo Subdivision, Calumpang, Molo, Iloilo City (Lot Area: 48.00 sqm) (Occupied)
- Maybank Foreclosed Property – Residential lot with 1 storey residential building – with occupants at Lot 5, Block 4, Road Lot 2, Princedale Residences, Yulo, Brgy. Arevalo, Iloilo City (Lot Area: 310.00 sqm) (Occupied)
- Philmay Foreclosed Property – Residential lot (with occupants)- with BIR Tax Levy at Lot 31, Block 9, J.E. locsin Street, Saint Joseph Village Subdivision Phase 2, Barangay Cubay, Jaro, Iloilo City (Lot Area: 350.00 sqm) (Occupied)
- Philmay Foreclosed Property – Residential lot with imprvements (corner lot)- with BIR Tax Levy at Lot 30 Block 9, corner Balabago Road & J.E Locsin Saint Joseph Village II Subdivision, Phase 3, Barangay Cubay, Jaro District, Iloilo City (Lot Area: 701.00 sqm)
- Bank of Commerce foreclosed Vacant Lot at Lot 10221-E, Brgy. Ticud, La Paz District, Iloilo City (Lot Area: 3,000.00 sqm)
- Bank of Commerce foreclosed Vacant Lot at Lot 10221-F Brgy. Ticud, La Paz District, Iloilo City (Lot Area: 2,717.00 sqm)